Agilysys Reports Fiscal 2021 Third Quarter Revenue of $36.7M

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Agilysys, Inc. (AGYS) Tops Q3 EPS by 2c

January 26, 2021 4:07 PM EST

Agilysys, Inc. (NASDAQ: AGYS) reported Q3 EPS of $0.23, $0.02 better than the analyst estimate of $0.21. Revenue for the quarter came in at $36.7 million versus the consensus estimate of $36.09 million.

Ramesh Srinivasan, President and CEO of Agilysys, commented, We are pleased with our continuing good progress in improving various business fundamentals. Simultaneously, we are setting ourselves up well for renewed growth when the hospitality industry shifts to the anticipated re-opening and recovery phase, especially with respect to increasing the pace of product innovation and levels of customer service. Our balance sheet strengthened further during the quarter... More